<\/p>\n
HSBC Holdings, opens new tab reported a better-than-expected first-half profit and raised its net interest income target, driven by \u200crevenue growth in lending and wealth management fee earnings on robust money flows.<\/p>\n
Europe’s largest bank posted a pretax profit of $19.5 billion for the first six months of this year, up 23% from $15.8 billion a year earlier and ahead of the $18.9 billion that analysts forecast.<\/p>\n
HSBC’s solid performance reflects the payoff \u200bof its Asian focus, where an overhaul targeting wealth and cross-border banking drove fee income growth alongside a favourable \u200brate backdrop.<\/p>\n
It also caps a strong earnings season for Europe’s big banks, which have extended a more \u2060than two-year-long recovery thanks to a surge in trading activity and resilient interest income despite dips in central bank rates.<\/p>\n
HSBC lifted \u200bits guidance for net interest income for this year, saying it now expects to exceed $46 billion, having previously said it would hit \u200bthat level.<\/p>\n
The lender announced a resumption of its share buybacks with an up to $1 billion plan, after pausing them when it announced late last year it was taking smaller Hong Kong lender Hang Seng Bank private.<\/p>\n
HSBC also set a second interim dividend of $0.1 per share, following a $0.1 payout in \u200bMay.<\/p>\n
The bank’s Hong Kong-listed shares were flat in Tuesday afternoon trading, dropping from a record high of HK$169.5 after the earnings \u200brelease.<\/p>\n
Citi analysts said in a note the new buyback of $1 billion was below the consensus of $2.2 billion, raising questions about whether HSBC is “transitioning \u200cto lower \u2060quarterly buybacks, or is this quarter’s re-launch a stepping stone?”<\/p>\n
The half-year update from HSBC showed CEO Georges Elhedery continuing his strategy of streamlining the lender by exiting markets where it lacks scale, as the bank sold its Singaporean insurance, Egyptian retail banking and Australian mortgage businesses.<\/p>\n
Wealth revenue in the first half grew 18% from a year ago, backed by strong growth from its Asian markets.<\/p>\n
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HSBC Holdings, opens new tab reported a better-than-expected first-half profit and raised its net interest income target, driven by \u200crevenue growth in lending and wealth management fee earnings on robust money flows. Europe’s largest bank posted a pretax profit of $19.5 billion for the first six months of this year, up 23% from $15.8 billion…<\/p>\n","protected":false},"author":1,"featured_media":6532,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[1],"tags":[],"class_list":["post-6531","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-bez-rubriki"],"featured_image_src":{"landsacpe":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/HSBC-Hong-Kong-5-1140x445.jpg",1140,445,true],"list":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/HSBC-Hong-Kong-5-463x348.jpg",463,348,true],"medium":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/HSBC-Hong-Kong-5-300x200.jpg",300,200,true],"full":["https:\/\/relinvestmentsgroup.com\/wp-content\/uploads\/2026\/08\/HSBC-Hong-Kong-5.jpg",1920,1280,false]},"_links":{"self":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6531","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/comments?post=6531"}],"version-history":[{"count":1,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6531\/revisions"}],"predecessor-version":[{"id":6533,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/posts\/6531\/revisions\/6533"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media\/6532"}],"wp:attachment":[{"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/media?parent=6531"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/categories?post=6531"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/relinvestmentsgroup.com\/en\/wp-json\/wp\/v2\/tags?post=6531"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}